cryptocurrency

Discord ID: 393499059752796160


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2018-01-05 03:07:38 UTC

This may be a crazy prediction, but given the buzz of NEO heading into 2018 NEO GAS may be a second chance at the gains NEO has seen. I doubt it will go as high as this guy predicts but thought I'd share. Obviously do your own research and trade at your own risk. https://steemit.com/bitcoin/@haejin/gas-is-ready-to-power-a-233-profit-target-0-008724-btc

2018-01-05 04:25:16 UTC

https://cdn.discordapp.com/attachments/393499059752796160/398693411579887617/20180104_232426.png

2018-01-05 04:25:27 UTC

saw this ๐Ÿ˜…

2018-01-05 09:34:26 UTC

<:onion:390755897250414593>

2018-01-05 15:33:07 UTC

Only Wavecrest issued cards. For example, TenX will have Wirecard as a new card issuer until they get their own banking license.

"Visa have today instructed us that we must close all WaveCrest issued Visa Prepaid Cards."

This is Wavecrest specific, nothing to do with crypto

2018-01-05 20:06:18 UTC

Looking to buy raiden tokens and cheezuz is it painful to transact outside exchanges. Probably speaks to underlying problems with bottlenecking. part of why im in BCH and RDN.

2018-01-05 22:51:27 UTC

Transaction fees on ethereum running at about $2.10 per transaction.

2018-01-06 01:12:19 UTC

Transaction fees are going to be as bad as BTC for Monero too

2018-01-06 01:12:31 UTC

I'm not gonna buy into a coin that doesn't solve this

2018-01-06 01:48:44 UTC

@Aldo thanks for the tip on GAS, bought three and have made $45 off of it so far

2018-01-06 02:20:21 UTC

yea that spike

2018-01-06 02:22:02 UTC

was thinking more of a long term play, but whatever! Currently waiting for it to correct and rebuy. Also NEO is at a good buy price right now.

2018-01-06 02:29:58 UTC

how big do you think the correction will be?

2018-01-06 02:30:37 UTC

that was a lot of volume, can't ever say for sure

2018-01-06 02:30:51 UTC

50% is typical

2018-01-06 03:08:06 UTC

FOMO kicked in (Fear of Missing Out) rebought ha. That post I linked however was saying the big gains will come around febuary

2018-01-06 16:10:25 UTC

I don't know about sbd but the exchanges I use to cash out only allow cash out in BTC/BCC/Litecoin/Ethereum

2018-01-06 16:10:39 UTC

There are a lot of exchanges though so it's hard to say

2018-01-06 16:52:30 UTC

@everyone Since Ethereum has crested $1000, are yโ€™all planning to hold on to it? Iโ€™ve been sitting on mine for a long time and was planning to sell at $1000 but I kind of want to let it ride

2018-01-06 16:56:33 UTC

Well if that was your target price, your exit point, why not stick with your strategy? Sell.

2018-01-06 16:57:27 UTC

At that point you have actually made tangible gains. This is always important. Until you sell, it is only *potential* gains (or losses).

2018-01-06 16:57:47 UTC

What "might" happen in the future is unknown.

2018-01-06 16:58:07 UTC

Either way you might be kicking yourself.

2018-01-06 17:02:25 UTC

you can use coinbase to get USDT which is pinned to USD and convert via gate.io or vice versa

2018-01-06 17:02:33 UTC

other than that there is kraken and bitstamp

2018-01-06 17:02:37 UTC

kraken is awful dont use it

2018-01-06 17:02:44 UTC

bitstamp wont have you verified for at least 2 weeks

2018-01-06 17:02:56 UTC

I filed my verification with them in December, around the 20th, and Im still waiting

2018-01-06 17:05:09 UTC

yeah thats standard for all the exchanges, ID and some other forms of documentation because of government regulations. You can verify your bank account before that though, I would do both simultaneously so that you dont have to wait on that. Something to note about coinbase is that it generally isnt good to trade BTC and potentially other coins on it because transaction speeds lag a lot. You also generally cant get obscure alt coins on it, but you can get USDT (I think, you can the last time I checked) and use that on something like gate.io

2018-01-06 17:06:45 UTC

basically I use coinbase as an entrance and exit or a method by which to convert to USD and trade on gate.io. I get my money in via coinbase, move it to gate.io via some vector that is stable and trade on gate.io. Once I want to get out I do vice versa

2018-01-06 17:07:46 UTC

just make sure you keep track of gains and losses for tax reasons. Record every transaction, especially if you end up making any sort of notable gains. Anything sub 1k should be reported but isnt a huge deal, anything above 1k you should go out of your way to make sure is on your taxes, especially if its greater than 10k in gains (or losses)

2018-01-06 17:09:15 UTC

how do you have the SBD stored?

2018-01-06 17:13:10 UTC

Ok, how did you originally get into steemit?

2018-01-06 17:17:19 UTC

I'm about to need to get just a bit of XMR I mined converted to dollars. The monero wallet you'd run on your PC... the GUI was an unstable nightmare. And the command line looks like... an autist created it. So, the deposit from my mining is NOT going to a local wallet, but to a wallet at MyMonero online. (inb4 OMG OMG Nevar use an online wallet OMG! This is just the way it is, until the offline wallet is worth a fuck.) I've got accounts on binance, bittrex, etc. and of course coinbase for bitcoin to dollars (and vice versa). But I need sure-fire steps to get the XMR into an exchange and converted to dollars. I think I've got it, but having never done it I'm nervous.

2018-01-06 17:19:51 UTC

@Volkmom you might be able to use coingecko

2018-01-06 17:20:10 UTC

theres also this article

2018-01-06 17:20:33 UTC

the 2nd seems to be more in depth

2018-01-06 18:04:36 UTC

Yes, NEO and ARK both look good.

2018-01-06 18:04:59 UTC

But literally every single exchange has blocked new user registration

2018-01-06 18:41:46 UTC

Lol

2018-01-06 18:41:51 UTC

Normies btfo

2018-01-06 18:42:09 UTC

TBH I just use Coinbase, the rest are too much of a hassle

2018-01-06 18:42:50 UTC

good scalping on BTC lately tbh

2018-01-06 18:43:13 UTC

but have noticed that alt-coin surges usually follow BTC surge post correction

2018-01-06 18:44:01 UTC

jumping back and forth depending on state of BTC can be a good strat. I'm currently in 4 altcoins some safer than others as I hone some programming skills.

2018-01-06 18:47:22 UTC

I wrote a scalping program in python to interact with the GDAX API for extra quick entry and exits, working through the APIs can not only give access to things like stop-loss protection which may be unavailable on the exchanges (on bittrex and binance for instance,) but an edge on entry/exit priority. GDAX for instance seems to prioritize market orders executed through the API over ones done through the site interface. DM me if interested. It requires IDLE or some python3 interpreter and the installation of some python packages through cmd or terminal, works on mac, linux, or windows.

2018-01-06 18:50:41 UTC

I was able to double up scalping the BCH release that way.

2018-01-06 18:59:06 UTC

I have BTC and ETH. Sold all my LTC. Besides that, some Golem and Obsidian.

2018-01-06 20:43:28 UTC

What offline btc wallet should I use?

2018-01-06 21:02:50 UTC

You can use a debit or credit card to convert USD to BTC, for BTC to USD I believe you need to connect to a bank account

2018-01-06 21:03:52 UTC

I see a "Bank Wire" option as well, but have not done that personally.

2018-01-06 21:12:57 UTC

https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/ from this article, "Electrum" may be your best option for an offline "desktop" wallet

2018-01-06 21:13:12 UTC
2018-01-06 22:39:49 UTC

Thank you.

2018-01-06 22:40:52 UTC

Binance

2018-01-06 22:41:05 UTC

Yeah there's also some other gold websites.

2018-01-06 22:41:43 UTC

converting BTC to USD? localbitcoins

2018-01-06 22:46:14 UTC

I believe Gemini and bitstamp have the option as well

2018-01-06 22:50:39 UTC

I have not personally used bitstamp, but Gemini is as legitimate as coinbase, itโ€™s FDIC insured as well

2018-01-06 23:03:17 UTC

@Volkmom BitFlur is another service that allows you to exchange btc for usd into your PayPal account, I believe they will also exchange btc for amazon gift cards. I have not personally used them, but as far as I know they are legit. The fees are supposedly very low as well. JM Bullion and APmex will allow direct purchase of precious metals with btc. I have done that several times myself

2018-01-06 23:11:10 UTC

@this_that5553 you should still be able to register at Coss, Kucoin, Hitbtc, and Cryptopia. Hitbtc and Coss have shit for volume, cryptopia is a little better, kucoin has most of the alt coins and ICOs that binance offers as well. Coss and Kucoin both offer a sort of โ€œdividendโ€ payout of trading fees that are distributed to holders of โ€œtheirโ€ tokens.

2018-01-07 00:13:45 UTC

Is gate.io legit?

2018-01-07 00:56:30 UTC

not familiar with that exchange

2018-01-07 00:57:33 UTC

looks like its got pretty low volume

2018-01-07 00:58:12 UTC

which is fine if you're just looking to acquire, but trading may be a problem if that's what you're looking to do

2018-01-07 00:58:32 UTC

A friend suggested it. Iโ€™m looking around for an exchange to get XRP.

2018-01-07 00:59:16 UTC

are you registered on any of the main exchanges? binance or bittrex, etc?

2018-01-07 00:59:45 UTC

I am currently a no-coiner.

2018-01-07 00:59:52 UTC

gotcha

2018-01-07 01:00:00 UTC

well hitbtc has xrp

2018-01-07 01:00:18 UTC

How are the fees?

2018-01-07 01:01:16 UTC

lower than bittrex..and lower than gate.io from what it looks like

2018-01-07 01:01:38 UTC

also the price of xrp is almost .40 higher on gate right now

2018-01-07 01:01:54 UTC

Oosh...

2018-01-07 01:02:26 UTC

Iโ€™ll look into hitbtc. Thanks.

2018-01-07 01:02:50 UTC

no problem. I don't think its nearly as reputable as the main exchanges fwiw

2018-01-07 01:03:28 UTC

ive never had any problems withdrawing funds from them, but I've heard of other people that had lengthy delays, no response from support, ect

2018-01-07 01:04:34 UTC

I would also advise anyone who uses one of the smaller exchanges to not store any large amounts of funds directly on the exchange

2018-01-07 01:08:24 UTC

the larger, more established exchanges are "safer" probably not as likely to exit scam. But i'd recommend keeping larger amounts in a hardware or paper wallet, even a desktop wallet if you're careful with your security and keys. I keep some btc on binance just so I can have some liquidity. But the majority of my funds I store elsewhere

2018-01-07 03:43:19 UTC

Bitcoin: so easy to put your USD into it...extremely difficult to pull it back out.

2018-01-07 18:35:54 UTC

Cash deposit is where someone walks into your banks branch and deposits using your account number and name

2018-01-07 18:36:06 UTC

Are you unable to sell on Coinbase?

2018-01-07 21:41:44 UTC

@Grandeur inset up an account at coinbase but it's not letting me connect my bank account

2018-01-07 21:42:52 UTC

I've tried many times

2018-01-07 21:43:37 UTC

So on localbitcoins what option would one select to sell btc and have the money transferred to your bank account?

2018-01-07 22:46:38 UTC

Transferred? I'm not sure. I've never used that, and I don't think it's nearly as popular (which means better rates or quicker sells) as cash deposit.

2018-01-07 22:46:50 UTC

Is your lbc account fresh?

2018-01-08 03:46:44 UTC

If youโ€™re selling on local bitcoins, be careful. You could easily get set up and robbed for all the bitcoins you have on your phone.

2018-01-08 03:57:28 UTC

I'd recommend using a VPN to anyone trading cryptos. I use this one https://nordvpn.com/

2018-01-08 03:58:45 UTC

@Volkmom if the bank you have isn't working with coinbase, while it's an annoying extra step, you might consider opening an account with a more mainstream bank for that sole purpose.

2018-01-08 05:10:09 UTC

Ok ty

2018-01-08 05:10:17 UTC

That makes sense

2018-01-08 16:49:21 UTC

Which was too small an amount to deal with unless I do cash by mail

2018-01-08 16:49:57 UTC

ah, that sucks. the fees can be steep, can't believe it's that bad

2018-01-08 16:51:08 UTC

what I'd recommend is converting to BTC and then LTC before sending to coinbase, where you can sell it for USD and cash out

2018-01-08 16:52:31 UTC

I'd also check out binance as an exchange, they have pretty low fees, not sure if more or less than poloniex

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